East Ventures raised US$ 550 million multi-stage fund to focus on the Indonesia and Southeast Asia startups
East Ventures, a pioneering and leading Indonesia-focused venture capital firm, has raised a total of US$ 550 million in the final close of its latest funds.
wagely nets additional US$ 8.3 million in oversubscribed pre-series A funding
wagely, Asia’s fastest-growing financial wellness platform has raised $8.3 million in an oversubscribed pre-series A funding as the company scales its platform to help workers access their earned salaries on demand in Indonesia and Bangladesh. The funding comes in just seven months after securing its seed funding.
East Ventures presents its first women-centered forum, Women with Impact Forum
East Ventures, a pioneering and leading sector-agnostic venture capital firm in Indonesia, today presented its first women-centered forum, named Women with Impact Forum. The forum provided the participants with three main sessions featuring several top key panelists from East Ventures and tech startup leaders. They shared their views and experiences towards women-related issues.
Roderick Purwana makes the Fortune Indonesia 40 Under 40 list
Roderick’s experience as a startup founder shaped him into the investor who has a better understanding and a two-way empathy that he is today. Anticipating the moment of the startups within the ecosystem make their grand debut on the stock exchange.
Xurya receives US$ 21.5 million series A funding from investors led by East Ventures and Saratoga
Xurya, a renewable energy startup with a focus on Rooftop Solar Power Plant rental in Indonesia, announced series A funding of US$21.5 million or equivalent to Rp 308 billion. This series A funding round was led by a venture capital firm, East Ventures (Growth fund), and PT Saratoga Investama Sedaya Tbk. (Saratoga) with the returning participation of existing investors Schneider Electric and New Energy Nexus Indonesia.
Leading Singapore EdTech startup Geniebook raises US$16.6 million in Series A funding Round led by East Ventures and Lightspeed; to scale team with strategic new hires
Geniebook, Singapore’s largest online learning platform for the English, Mathematics and Science (EMS) syllabus, has secured US$16.6 million in a Series A funding round which was led by East Ventures (Growth fund), Lightspeed Venture Partners, several prominent angel investors, as well as senior executives from some of Southeast Asia’s most influential companies like Grab, Shopee and Gojek.
Legit Group raises US$ 3 million in seed series funding amidst pandemic led by East Ventures
Ismaya-backed cloud kitchen company, Legit Group, has raised US$3 million (IDR 43 billion) of seed funding led by East Ventures with participation from AC Ventures.
Aruna secures series A funding of US$ 35 million led by Prosus Ventures and East Ventures
Indonesia’s fisheries platform, Aruna, secures series A funding of US$ 35 million led by Prosus Ventures and East Ventures, leading the path for long-term sustainable fishing practices in coastal communities.